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uae-difc-cases
THE NATIONAL BANK OF RAS AL KHAIMAH v MR LAKSHMANAN SUNIL KUMAR PANDARATHIL [2019] DIFC CFI 008 — Default judgment for breach of Purchase Facility Agreement (20 March 2019)
The lawsuit centered on the recovery of outstanding debt arising from a Purchase Facility Agreement entered into between the Claimant, The National Bank of Ras Al Khaimah (P.S.C), and the Defendant, Mr Lakshmanan Sunil Kumar Pandarathil.
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·6 min read
uae-difc-cases
THE NATIONAL BANK OF RAS AL KHAIMAH v MR LAKSHMANAN SUNIL KUMAR PANDARATHIL [2019] DIFC CFI 008 — Default judgment for breach of Purchase Facility Agreement (01 April 2019)
The dispute arose from a commercial banking relationship governed by a Purchase Facility Agreement. The National Bank of Ras Al Khaimah (P.S.C) initiated proceedings to recover outstanding debts owed by the defendant, Mr Lakshmanan Sunil Kumar Pandarathil.
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·5 min read